Jun 27, 2015 | Do You Know, Retirement Plans, Tax Planning and Deductions
What could be more urgent than an IRS “reminder?” You got it–a last-minute reminder like this one: WASHINGTON — The Internal Revenue Service today [June 23] reminded everyone who has one or more bank or financial accounts located outside the United States, or...
Jun 25, 2015 | Asset Allocation, Do You Know
Some debts are fun when you are acquiring them, but none are fun when you set about retiring them—Ogden Nash The serious question is, when to retire debt, and balancing how that financial decision impacts saving for your retirement? The issue is taken up in a superb...
Jun 22, 2015 | Tax Planning and Deductions
WASHINGTON — The Internal Revenue Service announced [on June 4] that interest rates will remain the same for the calendar quarter beginning July 1, 2015. The rates will be: three (3) percent for overpayments [two (2) percent in the case of a corporation]; one-half...
Jun 18, 2015 | Boomer Retirement, IRA, ROTH
In another superb usnews.com column, Emily Brandon takes a close look at how much money workers are putting in IRAs. Her piece: “The average balance tops $100,000. Individuals held an average of $119,804 in their IRAs in 2013, according to an Employee Benefit...
Jun 16, 2015 | Boomer Retirement, Planning for Longevity, Retirement Plans, Risk and Rewards, Tax Planning and Deductions
It’s fair to say that most Americans would agree that Social Security—a benefit that’s said to represent nearly 40 percent of the average retiree’s income—remains a promise that can’t and shouldn’t be broken. But it’s also safe to say that getting your Social Security...
